Cloud FinOps Cost Optimization Lead in Austin, TX at honor foundations

Date Posted: 9/4/2024

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Austin, TX
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    9/4/2024

Job Description

The Company

PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. 

We operate a global, two-sided network at scale that connects hundreds of millions of merchants and consumers. We help merchants and consumers connect, transact, and complete payments, whether they are online or in person. PayPal is more than a connection to third-party payment networks. We provide proprietary payment solutions accepted by merchants that enable the completion of payments on our platform on behalf of our customers.

We offer our customers the flexibility to use their accounts to purchase and receive payments for goods and services, as well as the ability to transfer and withdraw funds. We enable consumers to exchange funds more safely with merchants using a variety of funding sources, which may include a bank account, a PayPal or Venmo account balance, PayPal and Venmo branded credit products, a credit card, a debit card, certain cryptocurrencies, or other stored value products such as gift cards, and eligible credit card rewards.  Our PayPal, Venmo, and Xoom products also make it safer and simpler for friends and family to transfer funds to each other. We offer merchants an end-to-end payments solution that provides authorization and settlement capabilities, as well as instant access to funds and payouts. We also help merchants connect with their customers, process exchanges and returns, and manage risk. We enable consumers to engage in cross-border shopping and merchants to extend their global reach while reducing the complexity and friction involved in enabling cross-border trade. 

Our beliefs are the foundation for how we conduct business every day.  We live each day guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Together, our values ensure that we work together as one global team with our customers at the center of everything we do – and they push us to ensure we take care of ourselves, each other, and our communities.

Job Description Summary:

This role combines strategic and tactical responsibilities of multi-cloud financial management, cloud cost optimization, technical efficiency efforts, end-to-end automation, and adoption & maturation of Cloud FinOps practice. Additionally, this role will specifically focus on driving cost optimization and capacity planning efforts at scale across multiple Cloud domains and engaging multiple engineering teams in end-to-end capacity planning efforts.

Job Description:

What you need to know about the role-

This role combines strategic and tactical responsibilities of multi-cloud financial management, cloud cost optimization, technical efficiency efforts, end-to-end automation, and adoption & maturation of Cloud FinOps practice. Additionally, this role will specifically focus on driving cost optimization and capacity planning efforts at scale across multiple Cloud domains and engaging multiple engineering teams in end-to-end capacity planning efforts.

Meet our team-

FinOps organization function growth in support of PayPal continued expansion to Public Cloud.

Your way to impact-

This role combines strategic and tactical responsibilities of multi-cloud financial management, cloud cost optimization, technical efficiency efforts, end-to-end automation, and adoption & maturation of Cloud FinOps practice. Additionally, this role will specifically focus on driving cost optimization and capacity planning efforts at scale across multiple Cloud domains and engaging multiple engineering teams in end-to-end capacity planning efforts.

Your day to day-

  • Take active part in all FinOps workstreams across all 3 CSPs (GCP, AWS, Azure)
  • Own analysis of data from Cloudability and /or other PayPal data sources (Cloud ), data from internally developed DBs/Tools - with actionable recommendations and insightful data views & reports as outcomes.
  • Drive standing / planned optimization & efficiency processes, own engagement across PayPal organization, including engagement with IT Finance.
  • Monitor and validate attainment of standing annual Consumption Optimization / Efficiency targets and well as Budget targets.
  • Responsible for financial engineering - apply knowledge of GCP/AWS/Azure financial instruments to action on applicable workloads and drive savings in cloud consumption.
  • Engage with FinOps team on standing Forecast / Budget and longer-term planning and Business Case analysis efforts.
  • Engage with CSP account teams to gain support for financial engineering effort and alignment on financial management / consumption target attainment.
  • Drive new Cloud Cost Optimization opportunity identification, ad-hoc Cloud cost optimization opportunity analysis, development of Cloud cost optimization action recommendations and applicable financial.
  • engineering tasks ( CUDS, RIs, Savings Plans,etc..) and financial "what if" modeling for optimization scenarios.
  • Own FinOps KPI analysis, share status updates, and facilitate cadence of actions to address KPI shortfalls.
  • Drive adoption of Cloud FinOps capabilities and best practices within the organization.
  • Own Program Management of all work within Cost Optimization Product backlog.

What you need to bring-

  • Bachelor’s degree in computer science, Management Information Systems, Finance or equivalent degree and experience OR equivalent combination of education and relevant experience.
  • 10+ years relevant experience as an Information Technology or Finance professional managing IT.
  • 3+ years of demonstrated experience and knowledge in public cloud – including demonstrated technical knowledge of GCP and / or AWS.
  • Extensive experience working with technology teams with focus on financial management of IT and cloud asset, specifically experience in launching & maturing FinOps practice.
  • Knowledge of IT infrastructure and public cloud concepts, services, cost models and deployment approaches.
  • Experience working with large datasets and the development of data-driven models and designs for executive materials.
  • Ability to establish IT cost management strategies, models, processes, and tools.
  • Understanding of cloud billing practices and procedures.
  • Advanced knowledge and skills in Excel and PowerPoint, proven knowledge of Apptio Cloudability ( or equivalent).
  • Additional skills are a benefit: using report builders to create data visualizations, including PowerBI and or scripting via Python, BASH, SQL, R, etc.
  • Additional credentials are a benefit: AWS, Azure and/or GCP Cloud Certification; FinOps Practitioner, Cloud Financial Management, Total Business Management or equivalent Certifications.
  • Experience interacting with senior executives and business leaders and collaborate across organization, including delivery of concise executive-facing PPT presentations.

**We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don't hesitate to apply.

Additional Job Description:

Subsidiary:

PayPal

Travel Percent:

0

-

PayPal is committed to fair and equitable compensation practices.

Actual Compensation is based on various factors including but not limited to work location, and relevant skills and experience.

The total compensation for this practice may include an annual performance bonus (or other incentive compensation, as applicable), equity, and medical, dental, vision, and other benefits. For more information, visit https://www.paypalbenefits.com.

The U.S. national annual pay range for this role is

$84500 to $204600

For the majority of employees, PayPal's balanced hybrid work model offers 3 days in the office for effective in-person collaboration and 2 days at your choice of either the PayPal office or your home workspace, ensuring that you equally have the benefits and conveniences of both locations.

Our Benefits:

At PayPal, we’re committed to building an equitable and inclusive global economy. And we can’t do this without our most important asset—you. That’s why we offer benefits to help you thrive in every stage of life. We champion your financial, physical, and mental health by offering valuable benefits and resources to help you care for the whole you.

We have great benefits including a flexible work environment, employee shares options, health and life insurance and more. To learn more about our benefits please visit https://www.paypalbenefits.com.

Who We Are:

Click Here to learn more about our culture and community.

Commitment to Diversity and Inclusion 

PayPal provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, pregnancy, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state, or local law.  In addition, PayPal will provide reasonable accommodations for qualified individuals with disabilities.  If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at paypalglobaltalentacquisition@paypal.com.  

Belonging at PayPal: 

Our employees are central to advancing our mission, and we strive to create an environment where everyone can do their best work with a sense of purpose and belonging. Belonging at PayPal means creating a workplace with a sense of acceptance and security where all employees feel included and valued. We are proud to have a diverse workforce reflective of the merchants, consumers, and communities that we serve, and we continue to take tangible actions to cultivate inclusivity and belonging at PayPal.

Any general requests for consideration of your skills, please Join our Talent Community.

We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don’t hesitate to apply.

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